LUKOIL is one of the largest oil & gas vertical integrated companies in the world accounting for over 2% of crude production and circa 1% of proved hydrocarbon reserves globally.
The PJSC LUKOIL Board of Directors has reviewed the preliminary results for the first half of 2015 and progress in the realization of budget and investment programs for 2015, in Moscow today.
LUKOIL has published consolidated US GAAP financial statements for the first half of 2015.
PJSC LUKOIL closed a deal to sell its 50% share in Caspian Investments Resources Ltd. to China-based Sinopec. The required permits from the state authorities of the Republic of Kazakhstan were acquired in late July 2015.
By virtue of the decision made at the Annual General Shareholders Meeting of ОАО LUKOIL of 25 June 2015, the company has fulfilled its dividend-payment obligations based on the 2014 financial performance.
PJSC LUKOIL has been awarded the rights to develop the Vostochno-Taimyrsky block, which is located in the Taimyr Dolgano-Nenets district of the Krasnoyarsk region. OOO LUKOIL-West Siberia, a fully-owned subsidiary of PJSC LUKOIL, will operate the block.
Under the second stage of the Production Sharing Agreement of the Shah Deniz Project in Azerbaijan, LUKOIL Overseas Shah Deniz Ltd. (a fully-owned PJSC LUKOIL subsidiary) has signed in Baku a 12 year credit-facility agreement with a consortium of banks to borrow USD 1 billion.
The Board of Directors of PJSC LUKOIL held a meeting in Moscow today.
OAO “LUKOIL” held its Annual General Shareholders Meeting in Volgograd today to approve the Annual Report of OAO “LUKOIL” for 2014 and financial statements based on the results of the financial year.
Today in Volgograd, Vagit Alekperov, President of OAO "LUKOIL", Arkady Dvorkovich, Deputy Prime Minister of Russia, Kirill Molodsov, Deputy Energy Minister of Russia and Andrei Bocharov, Governor of the Volgograd region, took part in the ceremonial launch into operation of the primary oil refining installation (ELOU AVT-1).
Today in Budennovsk Vagit Alekperov, President of OAO "LUKOIL", Kirill Molodtsov, Deputy Energy Minister, Andrei Reznikov, Deputy Minister for the North Caucasus, and Vladimir Vladimirov, Governor of the Stavropol Region, took part in the ceremonial launch of a combined-cycle gas turbine (CCGT-135).